Thanks Rolf, Lesson learnt.. do my research :)
The 300k was my savings. I took out a separate loan to buy my investment property with Commbank. The house was 500k and used 200k from my offest...
I withdrew 200k from my offset account on the Primary loan to put down a deposit for the investment property. This 200k was transferred to the...
Hi Paul, Thanks for your reply. Ok here is an example breakdown of the situation. 300k loan on primary property. 300k in offset for primary loan...
Hi Terry, I think I am partly to blame as seeing Kierank's reply and Jason's reply I do now recall something about claiming for 80% of the loan.....
Hi Jason, You have explained this perfectly.. this is exactly how I paid for the IP. Time to get a new accountant Thanks Hitesh
Hi Grayghost, Thanks for your reply, so my accountant was correct as he said the same thing. It seems a little silly a short my offset is...
Hi Alex, Thanks for your prompt reply. I read your link but am still a little confused as I am looking to claim interest on my investment...
Hi All, Hoping to get some clear advice. I bought an investment property in October 2016. I put down a deposit using money from my offset account...
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